Nasdaq Sees Q4 Profit Boost from Financial Technology Growth

Reported 21 days ago

Nasdaq reported a rise in its fourth-quarter profits, driven by strong demand for its financial technology products. The company's financial technology revenue grew nearly 9.8%, and the IPO market thrived, with total new listings increasing from 100 to 162 compared to the previous year. Adjusted net profit reached $438 million, reflecting a solid performance in a favorable economic environment.

Source: YAHOO

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